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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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  • Sonic Automotive - SAH - Barchart Chart Of The Day 0 comments
    Mar 5, 2012 10:36 AM | about stocks: SAH
    Barchart.coms Chart of the Day - Sonic Automotive (NYSE:SAH)

    Barchart Research Team - Barchart.com - Fri Mar 02, 8:24PM CST

    Related Stocks
    SAH - Sonic Automotive

    Sym Last Chg Pct
    SAH 18.65 +0.10 +0.54%

    The "Chart of the Day" is Sonic Automotive (SAH), which showed up on Friday's Barchart "52-Week High" list. Sonic on Friday posted a new 3-1/2 year high of $18.64 and closed +5.10%. TrendSpotter issued a new Buy signal last Tuesday at $17.92. In recent news on the stock, Sonic on Feb 28 reported Q4 EPS of 43 cents, above the consensus of 38 cents. Sonic Automotive, with a market cap of $900 million, is one of the largest automotive retailers in the United States.


    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of strong upside momentum.

    The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    • TrendSpotter: Buy
    • Short-Term Indicators: 100% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 100% Buy

    Barchart links for further information:

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    Trader's Cheat Sheet™

    Barchart Opinions
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    Company Info
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    Income Statement-Quarterly
    Income Statement-Annual
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    Balance Sheet-Annual

    Chart of the Day Archive
    View Past Chart of the Day Reports
    Stocks: SAH
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